A large amount of sol has been unlocked, making it liquid. this could potentially increase circulating supply and put downward pressure on the price if sold, but it also indicates significant network participation.
The unlocking event creates uncertainty. while it could lead to selling pressure if the whale decides to liquidate, it also signifies potential investor confidence in the network. the current price action is mixed, supporting a neutral outlook.
The immediate impact of the unlocking on circulating supply and potential selling is a short-term concern. longer-term effects will depend on the whale's subsequent actions and overall market sentiment.
Cover image via U.Today Push for SOL price? Solana stabilizes around $90 Advertisement π π π π π π π 1,817,260 #SOL (163,859,189 USD) stake unlocked at unknown wallet https://t.co/BgFusb0QP9 β Whale Alert (@whale_alert) March 21, 2026 Solana has recorded a massive token unlock on its blockchain as over 1.8 million SOL previously staked to secure the network has been liquidated earlier today. According to data provided by Whale Alert, a blockchain monitoring firm that tracks large transactions, a massive 1,817,260 Solana stake worth about $163.86 million was unlocked on Saturday, March 21. HOT Stories $15 XRP? Ripple CTO Emeritus Responds to Critic With Surprise Take Crypto Market Review: 3 Key XRP Levels Just Collided, Critical Shiba Inu (SHIB) Test for Upcoming Resistance, Ethereum (ETH) Might Lose $2,000 Next Week Push for SOL price? Further data provided by the source revealed that the large amount of SOL was unlocked from an unknown wallet and distributed across multiple addresses. Advertisement While this move is not commonly recorded on the network, it is barely perceived as being bullish for the price of the token as the whale could have unlocked the tokens in a potential sell attempt. You Might Also Like Mon, 03/16/2026 - 15:50 496 Billion Transactions: Solana Celebrates Sixth Anniversary With Massive Growth By Tomiwabold Olajide Although it was not disclosed if the unlocked tokens were sent to an exchange afterwards or if they were later restaked, the stake unlock makes the tokens liquid again, potentially increasing Solanaβs circulating supply, which could slow down its price upsurge. Advertisement Solana stabilizes around $90 The large SOL unstaking move came when Solana was showing mixed price action, trading around $90.19 despite reclaiming $97 during its latest rally on March 16. Over the last day, the asset has only surged 1.06% as momentum drawn from the recent price breakout appears to have cooled. While the large stake unlocking signals increased network participation from high profile or institutional investors, the surge in network activity could fuel the assetβs upside momentum, potentially fueling a price rally soon. Till the time of writing, the price of Solana has remained around $90.16. #Solana #Solana Price Prediction